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Oslo Cathedral: The National Church of Norway

Oslo Cathedral: The National Church of Norway
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Do You Have Confidence in Citigroup (C)?

Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. During the quarter the strategy returned 17.6% net of fees compared to the S&P 500’s 11.7% return. The portfolio’s outperformance can be attributed to a three-factor model, where […] ....

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